Tech · Full coverage
AI21 Co-Founder Amnon Shashua Resigns Following Major Layoffs
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Center 1Unrated 1
First reported by Calcalist · 2 hours ago
What happened
Amnon Shashua, co-founder of AI21 Labs, resigns after the company laid off over 60% of its staff and refocused its operations. AI21, founded in 2017 and valued at $1.4 billion, recently cut its workforce from 180 to 70 employees. Shashua will now focus on other ventures including Mobileye, Manti Robotics, and the newly founded unicorn startup AAI.
- 01Amnon Shashua resigns from AI21 Labs following major layoffs exceeding 60% of staff.
- 02AI21 Labs cut employees from 180 to 70 and shifted its business focus in May 2024.
- 03The company raised $300 million in a Series D round valuing it at $1.4 billion with investors like Google and Intel.
- 04Shashua is now focusing on Mobileye, Manti Robotics, and the new startup AAI.
- 05AAI, founded in late 2023, raised hundreds of millions led by Lightspeed, reaching unicorn status.
- 06AI21 signed a multi-million dollar deal with Navios amid its restructuring.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
Related stories
Israeli tech layoffs deepen as older, experienced workers flood the job marketJun 25, 2026Artlist to cut 200 jobs in strategic AI-focused reorganizationJun 16, 2026Quality AI Software Testing Firm Plans to Hire 100 Amid Industry LayoffsJun 28, 2026Amnon Shashua Launches New AI Code Development Model to Compete with Industry GiantsJun 30, 2026Oracle Cut 21,000 Jobs Amid Rapid AI RolloutJun 23, 2026Israeli tech layoffs deepen as AI and a weak dollar squeeze companiesJun 22, 2026
